Common use of Loans to Officers Clause in Contracts

Loans to Officers. Not to make any loans, advances or other extensions of credit to any of the Borrower's executives, officers, or directors or shareholders (or any relatives of any of the foregoing).

Appears in 3 contracts

Samples: Agreement (Aml Communications Inc), Agreement (United Bancorp /Or/), Channell Commercial Corp

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Loans to Officers. Not to make any loans, advances or other extensions of credit to any of the Borrower's ’s executives, officers, directors, shareholders or directors or shareholders partners (or any relatives of any of the foregoing).

Appears in 2 contracts

Samples: Credit Loan Agreement, Credit Loan Agreement (Limoneira CO)

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Loans to Officers. Not to make any loans, advances or other extensions of credit to any of the Borrower's executives, officers, or directors or shareholders (or any relatives of any of the foregoing).

Appears in 1 contract

Samples: Agribiotech Inc

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